Problem: A borrower is presented with a number of loan options on a $200,000 mortgage. The one with the lowest monthly payment is characterized as a "negative amortization" loan. Which answer below best describes this arrangement? O a. At maturity, the principal balance of the loan will be negative O b. The loan will negatively affect the borrower's credit rating O c. Payments will be applied first against principal, then interest O d. The principal balance owed will increase over the term